Taking everything into account, SLDP scores 4 out of 10 in our technical rating. Although SLDP is scoring some points because its good overall performance in the market in the past year, recent evolutions are not that positive. Both the medium and short term picture give negative signs.
SLDP has only a medium technical rating, but it does show a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period. There is very little resistance above the current price.
More info and screens
3.93
We found 2 important support areas.
- Support @4.31 from a horizontal line in the daily time frame.
- Support @3.97 from a trend line in the daily time frame.
The Technical Rating and Setup analysis above combine different indicators and trends in different timeframes. Individual signals from indicators may give more contradictive signals and should always be interpreted in the more global context.
| Indicator | Value | Signal | Comment |
|---|---|---|---|
| ChartMill Long Term Trend Indicator | NEUTRAL | NEUTRAL | The long term trend for SLDP is neutral. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for SLDP is down. |
| ChartMill Relative Strength | 98.36 | POSITIVE | SLDP has a high relative strength, it outperformed 98.36% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of SLDP is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of SLDP is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of SLDP is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 42.63 | NEUTRAL | The RSI value for SLDP is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.04 | NEGATIVE | The MACD value suggests SLDP has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 16.02 | OVERSOLD | The low Stochastics value suggests SLDP may be oversold. |
| Average True Range in percent/ATR (20) | 7.51 | HIGH VOLATILITY | The high ATR as a percentage value for SLDP suggests high volalility. |
| Average Directional Index/ADX (14) | 16.34 | NEGATIVE | The low ADX value for SLDP suggests a weak or negative trend. |
4.69
+0.18 (+3.99%)
SOLID POWER INC / SLDP FAQ
What is the technical rating for SLDP stock?
ChartMill assigns a technical rating of 4 / 10 to SLDP.
Can you provide the trend direction for SOLID POWER INC?
The current trend direction for SOLID POWER INC (SLDP) is Bearish.
What is the RSI signal for SLDP stock?
SOLID POWER INC (SLDP) has an RSI value of 42.633. This indicates that the stock is currently neutral.
Can you provide the MACD signal for SOLID POWER INC?
The MACD indicator for SOLID POWER INC (SLDP) has a value of -0.0423464, indicating a bearish trend.
Can you provide the short term momentum for SOLID POWER INC?
The short term momentum for SOLID POWER INC (SLDP) is negative.